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Sanrith Descartes

Sanrith Descartes

I was forced to self-deport from the /pol thread
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Lightning Lord Rule said:
I think he's mostly looking at the shady circular financing we've been hearing about and that the energy requirements necessary for the growth projections of AI are years away while the AI companies are acting like it's months away. With those 2 things AI is going to trip in the much nearer future than the market disruption from AI taking jobs from people.

Or at least that's my read on his analysis. I share those 2 concerns, but I have no idea on how the timing will work out and I think that's pretty key on whether or not Burry's bet pays off or not.
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Notice his puts are out to 2027. I think many people are missing this.
 
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Blazin

Blazin

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1763056852605.png


Just a little more premium to go and it will all be gone. Underperformance almost daily at this point. Next surprise is when it doesn't stop at mNAV of 1
 
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Flobee

Flobee

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Blazin said:
Just a little more premium to go and it will all be gone. Underperformance almost daily at this point. Next surprise is when it doesn't stop at mNAV of 1
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Been watching STRC be a larger and larger share of the BTC buy funding. Curious to see if that continues and it slows or even stops the common stock dilutions. IF the play with the premium stocks works I think this could be a massive buying opportunity. Be interesting to see how it plays out though because the bears are out in force. I've been taking nibbles on the way down but probably too chicken to buy anymore until this resolves one way or the other.
 
Blazin

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quite the double top in BTC, evidence mounting that the top of this run is in. I'll be accumulating but will start looking for lower targets for adds if it becomes trapped below 200d .

Decline to 75-80k should zap a lot of enthusiasm and weak hands out of it.
 
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Kithani

Kithani

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Sanrith Descartes said:
Lets not pretend Burry doesn't know wtf he is doing as an investor. He opened Scion in 2000 and these are his results going into his bet against housing. Counting 2006 and excluding 2000 he netted 96% gains. The S&P in the same period was 26%

View attachment 609012
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When you put it in a chart like that I absolutely can see where I would have been losing my shit in 2006-2007 with this mildly autistic dude betting against the market with my money lol
 
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Sanrith Descartes

Sanrith Descartes

I was forced to self-deport from the /pol thread
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TSLA down almost 8%, NVDA 5%, PLTR 7% etc. AAPL only down 0.4% and MSFT down under 1%. VIX up over 21. Something is shaking.
 
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Sanrith Descartes

Sanrith Descartes

I was forced to self-deport from the /pol thread
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Something we haven't done in this thread in a long time is discuss potential trades. This is the PLTR chain out at Burry's Jan 2027 expiry. Burry paid $1.84 premium so his trade is already up $3.3m in total. While the gamma is lower, if he is right you don't need to be at his strike (50) to win. Those $30 strike puts will print as well if he is right and cost half as much.

1763059341612.png
 
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Blazin

Blazin

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Flobee said:
Kinda where I am with this right now... we'll see

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Only looks like previous if it bounces this week pretty strongly, which maybe it does. The trend looks extended a couple months of consolidation and building a base wouldn't be that bad
Sanrith Descartes said:
Be Patient Hold Up GIF by Van der Valk


June low of $98,225 is on deck.

edit: Forget its BTC for a moment. Is there anything bullish about this 6-month chart?

View attachment 609028
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Bullish List:
Price is mostly above long term moving average
Higher High
Slight RSI bullish divergence
 
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